Daily Virtual Steel Mill Report 08/12/22

Market Verdict on Iron Ore: • Neutral.   Macro: • China state council published new measures on the pandemic control, which require no PCR test to public areas except schools, hospital and some densely populated areas. Travelling persons are not required to provide PCR test results and new tests. • Canada central bank would raise …

Daily Virtual Steel Mill Report 06/12/22

Market Verdict on Iron Ore: • Neutral to bullish.   Macro: • China Jan- Nov local debts issuance reached 7.3 trillion yuan, a historical high. • Many cities in China eased off the pandemic control in early this week, including optimise the PCR test, travel, and medical purchase.   Iron Ore Key Indicators: • Platts62 …